The electronic trading platform and technology services provider says the new functionality offers further flexibility to clients, with efficient hedging for term repo trading
The market infrastructure provider’s eRepo order book saw a record trading day on 7 September 2023, punctuating significant growth over the past year
31 August 2023Switzerland Reporter: Jamie Richards
The International Capital Markets Association says the service will improve efficiencies in the process of negotiating and managing global master repurchase agreements
Trading during a recent 3-day trial was conducted using a simulated settlement environment, but Finteum plans to support live real money trades by the end of 2023. Natwest and UBS are named as two of 19 banking groups involved in the trial
BrokerTec, the CME-owned fixed income and repo trading platform, has reported a year-on-year rise in US repo ADV to US$292.3 billion, with activity also up 4 per cent MoM on April numbers
SIX claims that on becoming a live participant on CO:RE Repo, BME Clearing is joining a market with a growing appetite for non-CHF currencies and a daily outstanding volume of close to €70 billion